








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Flushing at 6815 Eliot Ave, Flushing, NY, 11379 with 5% annual appreciation on a $1,290,000 basis while $5,545/mo rent supports operations. 56% in year one. Equity gained on principal adds $8,324/yr, and five-year appreciation sums $356,403 alongside rental yield of 5.16%. Five-year ROI measures 58.62% and total cumulative return in cash totals $244,988. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,545/mo property income versus a $6,314/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11379, Middle Village, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,630 (100%) |
| Owner Occupied HU | 7,671 (49.1%) |
| Renter Occupied HU | 6,844 (43.8%) |
| Vacant Housing Units | 1,115 ( 7.1%) |
| Median Home Value | $883,890 |
| Average Home Value | $923,614 |
Residential
11,256
Single Family
9,197
Multi-Family
2,059
Businesses
632
Date | Event | Price |
|---|---|---|
| 2024-05-01 | Price change | $1,290,000 |
| 2024-03-17 | Price change | $1,295,000 |
| 2023-11-06 | Listed for sale | $1,325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | N/A | N/A | $76,380 | 5.73% |
| 2022-11-14 | N/A | N/A | $72,240 | 10.87% |
| 2021-11-14 | N/A | N/A | $65,160 | -5.32% |



Listed by: Michal Marek • Sold By Bart Real Estate Partners inc
Mls Name: StreetEasy
Mls ID: #S1688675